The Bureau of the Treasury has scaled down its domestic borrowing program for September. According to an online advisory released on Monday, Aug. 30, the Treasury said it plans to borrow P200 billion from local creditors next month, lower compared with the P215 billion program in August. The bureau...
After years of funding drought, the Department of Agriculture (DA) will finally get it’s much-awaited and -deserved budget hike—set to be at P102.15 billion next year—under the Marcos administration, Deputy Speaker and Batangas 6th District Rep. Ralph Recto said on Sunday, Aug. 28. House...
A Visayas lawmaker has raised concerns on the relatively low budgets allocated to Regions 6, 7, and 8, despite it having the same percentage of voting population as Mindanao, as well as being the places where President Ferdinand "Bongbong" Marcos Jr. has “won handily". Aklan 2nd District Rep....
House Deputy Speaker Ralph Recto on Saturday, Aug. 27, raised a red flag on Malacañang’s allotment of P588 billion for “unprogrammed appropriations” in the 2023 national budget. (Photo from Batangas Rep. Ralph Recto’s office) Recto, a representative of Batangas's 6th district, revealed the...
A House leader has asked his congressman-colleagues to realign funds to the government’s "libreng sakay" or free ride program in order to keep it going beyond 2022. (Photo from DOTr) Camarines Sur 2nd district Rep. LRay Villafuerte made this appeal at the start of the House Committee on...
Independent minority congressman, Albay 1st district Rep. Edcel Lagman took it upon himself Friday, Aug. 26 to inform Filipinos about what the Marcos administration would really be spending on debt payments in 2023. (Screenshot from Zoom meeting) The total amount? A whopping P1.6 trillion. National...
House Speaker Martin Romualdez asserted on Thursday, Aug. 25, that the proposed 2023 national budget would respond to the needs of Filipinos, especially in this time of the Covid-19 pandemic. House Speaker Martin Romualdez (Photo from House of Representatives via Twitter) He said in a statement...
mWell by Metro Pacific Investments Corporation (PSE: MPI) launches the biggest nationwide online medical mission. National mWellness Day brings together volunteer doctors and health practitioners to provide free online consultation to Filipinos from all parts of the country via the mWell PH app on...
National Telecommunications Commission As a precautionary measure, the National Telecommunications Commission has ordered all public telecommunications entities to be on guard in areas pounded by severe tropical storm “Florita”. The NTC on Tuesday penned Memorandum Order No. 05-04-2011,...
Health technology platform mWell, developed by Metro Pacific Health Tech Corporation, wholly-owned subsidiary of Metro Pacific Investments Corporation, organizes the biggest nationwide online medical mission - National mWellness Day via the mWell PH app on August 27-28. National mWellness Day...
There must be, by now, thousands of success stories of poor entrepreneurs whose small businesses have performed well enough to provide food, shelter, clothing and education to families. Many of these entrepreneurs have also developed other products that have created livelihood for people in their...
The Bureau of the Treasury clarified that the principal debt payment earmarked by the Department of Budget and Management (DBM) next year is not part of President Marcos’ proposed national budget. National Treasurer Rosalia V. De Leon said on Tuesday, Aug. 23, that budget for principal payment,...
